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International Trade

   
     
 

Port of New York/New Jersey
Total Economic Impact to the Region

July 2017 Report

 
     
  Use Direct
Jobs
Total
Jobs
(In millions of 2017 dollars)  
  Personal Income Business Activity State &
Local
Taxes
Federal Taxes
Revenue
Total
Taxes
Revenues
 
  Bulk
3,129
11,044
$867.1 $3,318.1 $136.2 $214.0 $350.2  
  Breakbulk
179
491
$38.3 $134.8 $5.8 $9.0 $14.7  
  Roll-On/Roll-Off
1,279
3,216
$233.8 $782.7 $32.4 $55.1 $87.4  
  Container
29,628
68,619
$4,861.7 $15,348.2 $627.7 $1,106.2 $1,733.8  
  Cruise
3,490
5,021
$290.4 $748.2 $53.5 $60.0 $113.5  
  Warehousing
166,657
261,141
$14,914.4 $33,188.7 $1,400.0 $3,301.5 $4,701.5  
  Freight Forwarding
10,107
17,194
$1,226.8 $2,434.6 $133.5 $236.0 $369.5  
  Headquarters & Other Maritime
Functions
5,800
14,746
$1,345.2 $4,160.1 $185.1 $301.0 $486.1  
  Government
2,752
5,216
$445.6 $1,086.6 $36.8 $95.2 $132.0  
  Insurance
3,259
7,299
$781.3 $1,933.1 $103.3 $172.0 $275.3  
  Banking
2,671
5,992
$701.5 $1,701.2 $79.3 $153.6 $232.9  
  Total
Economic Impact
228,951
399,979
$25,706.2 $64,836.3 $2,793.6 $5,703.4 $8,497.0  
     
  Notes:
Data is based on economic impact generated in 2016. Total impacts include direct, indirect and induced effected.
 
     
     
 

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Source:
New York Shipping Association- Economic Impact Study

 
Baruch College Weissman Zicklin School of Business NYCdata